Qs 14-2 fixed and variable costs lo c2 a cell phone company offers two different plans. plan a costs $80 per month for unlimited talk and text. plan b costs $0.20 per minute plus $0.10 per text message sent. you need to purchase a plan for your 14-year-old sister. your sister currently uses 1,700 minutes and sends 1,600 texts each month. (1) what is your sisters total cost under each of the two plans

Plan A: Post paid plan

Total cost A = $80 per month

Plan B: Pre paid plan

Total cost B = $0.20 per minute * 1,700 minutes + $0.10 per text message * 1,600 texts

Total cost B = $340 + $160

Total cost B = $500 per month

Therefore it is better to get the post paid plan, plan A.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.